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TEXAS INSTRUMENTS INC
(TXN-NYSE):
Technical Viewpoint: From a low
of $30.46 on Mar 17, 2001 prices
rallied, reaching a
high of $39.58
on Mar 23, 2001. A
decline saw prices pull back, reaching a
low of
$26.26 on Apr 4, 2001.
Another rally saw prices penetrate
resistance, closing 4/27/01
at $36.98. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Apr 19, 2001 when the Histogram crossed the "0" line to the upside.
Support: Remains at $34.10. Resistance: Is at $39.18.
Point & Figure: Reversed to the upside on Apr 27, 2001. A P&F upside
reversal takes place at $34.50. Summary: Technical indicators have turned bullish. BUY! TEXAS INSTRUMENTS INC
(TXN-NYSE) @ $37.25 Stop: Use a protective stop of $34.75.
TEXAS INSTRUMENTS INC is currently trading @ $36.98 plus $2.48 on Apr 27, 2001. Price Objective:
$48.00. Risk/Reward: $2.50 VS. $10.75. Today's Risk Reward Ratio: 4:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$48.00
Risk/Reward:
$2.50 VS. $10.75
Risk/Reward Ratio:
4:1
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